https://newsletter.en.creamermedia.com

Register to receive our free daily newsletter:

Photo of the Week

HAND OVER: The National Transmission Company South Africa (NTCSA), which began trading on July 1, was officially launched on October 7. The entity is currently a subsidiary of Eskom Holdings, but will become a fully independent transmission system operator in the coming years. To symbolise the hand-over of grid responsibilities from Eskom to the NTCSA a statue of a handshake was commissioned and unveiled at a ceremony attended by (from left to right) Electricity and Energy Minister Dr Kgosientsho Ramokgopa, NTCSA chair Priscillah Mabelane, interim NTCSA CEO Segomoco Scheppers and Eskom Group CEO Dan Marokane.
HAND OVER
Updated 6 hours ago

The National Transmission Company South Africa (NTCSA), which began trading on July 1, was officially launched on October 7. The entity is currently a subsidiary of Eskom Holdings, but will become... 


ELECTRO-ECONOMY: China’s embrace of electric vehicles, wind, solar power and now green hydrogen are seen as increasingly important to the success of global efforts to tackle climate change. A new report by the Centre for Research on Energy and Clean Air suggest the country’s carbon dioxide emissions may have peaked a half-decade ahead of schedule. It also indicates that China could cut emissions by at least 30% by 2035 by continuing with policies to clean its power, mobility and steelmaking sectors. Photograph: Bloomberg
ELECTRO-ECONOMY
11th October 2024

China’s embrace of electric vehicles, wind, solar power and now green hydrogen are seen as increasingly important to the success of global efforts to tackle climate change. A new report by the... 


GREENER CEMENT: Two of the world’s biggest cement producers, Holcim and CRH, have announced a $75-million investment into Sublime Systems, of the US, which has developed an electrochemical method of cement production that avoids the process of heating up limestone with kilns powered by fossil fuels. In tests at its 250-ton-per-year pilot plant, Sublime has been able to demonstrate a 90% reduction in carbon emissions when compared with the traditional process. Photograph: Bloomberg
GREENER CEMENT
4th October 2024

Two of the world’s biggest cement producers, Holcim and CRH, have announced a $75-million investment into Sublime Systems, of the US, which has developed an electrochemical method of cement... 


CAUTIOUS MOOD: Recent volatility in the iron-ore price, which sank below $90/t for the first time since 2022 earlier this month, reflects concern about the steel crisis in China. But there is also a more cautious mood about the outlook for growth more generally, weighed down by political uncertainty in the US. However, steel-buying typically recovers after the Northern Hemisphere’s summer months, which could provide some respite. Photograph: Bloomberg
CAUTIOUS MOOD
27th September 2024

Recent volatility in the iron-ore price, which sank below $90/t for the first time since 2022 earlier this month, reflects concern about the steel crisis in China. But there is also a more cautious... 


CARBON COMPLIANCE: China plans to impose carbon-trading compliance obligations on steel, aluminium, and cement producers next year as the country extends its carbon market beyond power utilities. About 1 500 companies in those industries will be subject to market-based carbon costs if their emissions overshoot government-set targets. Photograph: Bloomberg
CARBON COMPLIANCE
20th September 2024

China plans to impose carbon-trading compliance obligations on steel, aluminium, and cement producers next year as the country extends its carbon market beyond power utilities. About 1 500... 


More than 950 exhibitors participated in the 2024 edition of the Electra Mining Africa exhibition, the highest number in the 52-year history of the biennial event. The showcase, which was held at the Johannesburg Expo Centre, alongside Soccer City, was hosted by Specialised Exhibitions across six giant halls, as well as outside exhibit areas.
MINING VIBES
13th September 2024

MINING VIBES: More than 950 exhibitors participated in the 2024 edition of the Electra Mining Africa exhibition, the highest number in the 52-year history of the biennial event. The showcase, which... 


WATER UTILITY: Legislation has been approved opening the way for a new agency to develop and manage South Africa’s water infrastructure and attract financing for new projects. The Presidency says the State-owned National Water Resources Infrastructure Agency will enable the country to expand bulk water infrastructure and improve the management of existing assets to ensure water security. Photograph: Bloomberg
WATER UTILITY
6th September 2024

Legislation has been approved opening the way for a new agency to develop and manage South Africa’s water infrastructure and attract financing for new projects. The Presidency says the State-owned... 




TUG CHRISTENING: A bottle of bubbly being smashed against the side of the Sepelong, one of five new tugboats christened at a ceremony held at the Port of Durban earlier this month. The vessels form part of Transnet National Port Authority’s (TNPA’s) R1-billion marine fleet renewal programme, which has raised the number of tugboats at the Port of Durban to 14 in a fleet of 38 across eight commercial seaports. Photograph: TNPA
TUG CHRISTENING
30th August 2024

A bottle of bubbly being smashed against the side of the Sepelong, one of five new tugboats christened at a ceremony held at the Port of Durban earlier this month. The vessels form part of Transnet... 


CROP FAILURE: Southern Africa’s El Niño-induced drought will mean that the region will need to import at least an additional three-million tons of maize in the coming months, the Famine Early Warning Systems Network has warned. Maize farmers from Angola to Zambia and Mozambique suffered the worst dry spell in more than a century during the middle of the growing season earlier this year. Photograph: Bloomberg
CROP FAILURE
23rd August 2024

Southern Africa’s El Niño-induced drought will mean that the region will need to import at least an additional three-million tons of maize in the coming months, the Famine Early Warning Systems... 


CARBON SHADOW: A new Rockefeller Foundation report warns that the world’s 72 most energy-poor nations, of which 44 are in Africa, will need to deploy 8 700 terawatt-hours of clean energy production yearly, or twice the US’s current generation, to develop and grow. But to avoid accounting for three quarters of emissions by 2050, the ‘Green Power Gap’ report also argues that they need to be given assistance to build these renewable-energy facilities.
CARBON SHADOW
16th August 2024

A new Rockefeller Foundation report warns that the world’s 72 most energy-poor nations, of which 44 are in Africa, will need to deploy 8 700 terawatt-hours of clean energy production yearly, or... 


CONTIGUOUS COPPER: Following is failed attempt to take over Anglo American in a deal primarily driven by copper, BHP has announced a joint venture with Lundin Mining to buy copper miner Filo. Besides each taking a 50% stake in the Filo del Sol copper project, in Chile, BHP will also acquire half of Lundin’s Josemaria project, just over the border in Argentina. The intention now is to combine the projects to cut costs. Photograph: Bloomberg
CONTIGUOUS COPPER
9th August 2024

Following is failed attempt to take over Anglo American in a deal primarily driven by copper, BHP has announced a joint venture with Lundin Mining to buy copper miner Filo. Besides each taking a... 


COPPER RECOVERY: Zambia’s yearly copper production will grow more than 40% to 1 million tons in 2027, the country’s Finance Ministry has reported. Zambia’s copper output hit a 14-year low of 698 566 t in 2023 as its mining sector faced tax changes and clashes with the previous government. Africa’s second-largest copper producer is seeking to take advantage of strong demand underpinned by the global energy transition. Photograph: Bloomberg
COPPER RECOVERY
2nd August 2024

Zambia’s yearly copper production will grow more than 40% to 1 million tons in 2027, the country’s Finance Ministry has reported. Zambia’s copper output hit a 14-year low of 698 566 t in 2023 as... 


HYDROGEN EXPORTS: Germany’s H2Global has agreed to import green ammonia, produced from green hydrogen, from Egypt in a bid to accelerate Europe’s energy transition. H2Global will buy at least 259 000 t of the carrier for hydrogen in the period from 2027 to 2033, from a production site in Egypt owned by the UAE’s Fertiglobe. It will then sell it at cheaper prices to companies in Europe through the support provided by H2Global to offset the difference between the buying and the selling price. Photograph: Bloomberg
HYDROGEN EXPORTS
26th July 2024

Germany’s H2Global has agreed to import green ammonia, produced from green hydrogen, from Egypt in a bid to accelerate Europe’s energy transition. H2Global will buy at least 259 000 t of the... 


PLANTATION AUTOMATION: This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most difficult jobs, amid worker shortages and falling production. Bloomberg reports that self-driving trucks are also rumbling over the vast plantations, laying fertiliser and picking up the densely packed harvested bunches. Photograph: Bloomberg
PLANTATION AUTOMATION
19th July 2024

This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most... 


MORE LITHIUM: Four new Argentinian lithium projects are set to enter production in the coming months, which will almost double the country’s production capacity. Built on salt lakes nestled in the Andes mountains in South America’s so-called lithium triangle, Bloomberg notes that the extra production comes when buyers are already well supplied and prices are under pressure. Photograph: Bloomberg.
MORE LITHIUM
12th July 2024

Four new Argentinian lithium projects are set to enter production in the coming months, which will almost double the country’s production capacity. Built on salt lakes nestled in the Andes... 




SUPPLY UNCERTAINTY: The global market for liquefied natural gas (LNG) faces supply uncertainty from factors including sanctions on Russian fuel, aging plants and attacks on vessels in the Red Sea, the International Gas Union warns. Gas has become an increasingly global commodity, with Europe leaning heavily on LNG to help fill the gap after Russia cut most pipeline supplies. At the same time, Asian demand has surged, leaving the market more susceptible to supply disruptions.
SUPPLY UNCERTAINTY
5th July 2024

The global market for liquefied natural (LNG) gas faces supply uncertainty from factors including sanctions on Russian fuel, aging plants and attacks on vessels in the Red Sea, the International... 


LINES AUCTIONS: The head of South Africa's Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in transmission infrastructure (see also page 14) . “It’s not going to be a cut and paste into the transmission space,” Bernard Magoro stressed at a recent conference, noting that different companies with the requisite skills would need to be encouraged to bid. Photograph: Bloomberg
LINES AUCTIONS
28th June 2024

The head of the Independent Power Producer Office, which oversees the public procurement of renewable energy, believes it is feasible to set up a similar agency to facilitate private investment in... 


EXPORT SHIFT: Volkswagen South Africa (VWSA) is sceptical about South Africa’s plans to produce electric vehicles for export to developed markets and is instead focusing on sustaining outlets for its internal combustion engine vehicles, notably the Polo, seen here being assembled at its Kariega plant. VWSA MD Martina Biene is quoted by Bloomberg as saying that Europe “won’t call on us to make battery electric vehicles” as there is enough capacity on the continent where transport costs are lower. Photograph: Bloomberg
EXPORT SHIFT
21st June 2024

Volkswagen South Africa (VWSA) is sceptical about South Africa’s plans to produce electric vehicles for export to developed markets and is instead focusing on sustaining outlets for its internal... 


FUNDING APPETITE: The Asian Infrastructure Investment Bank (AIIB), which is headquartered in Beijing, plans to invest $1-billion in projects across Africa, where only 4% of the $52-billion it has financed since its inception eight years ago has been directed. AIIB president Jin Liqun reports it has a pipeline of seven projects in Africa, which it is seeking to build further, while there is also interest from African members to issue Panda bonds. Photograph: Bloomberg
FUNDING APPETITE
14th June 2024

The Asian Infrastructure Investment Bank (AIIB), which is headquartered in Beijing, plans to invest $1-billion in projects across Africa, where only 4% of the $52-billion it has financed since its... 


GRID AUCTIONS: An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern Africa is aiming to establish the office to bring in private funding into the deployment for the grid so as to help connect renewable generation to a network that needs to be expanded urgently to meet demand. Photograph: Bloomberg
GRID AUCTIONS
7th June 2024

An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern... 


GOLDEN AGE: The gold price is extremely sensitive to global developments and to newsflow, and the strong upward momentum in the price of the precious metal during 2024 has been underpinned by geopolitical uncertainty. This month, gold surged to an all-time dollar high, and with persistent inflation, economic pressures and central bank interest, supportive factors appear to remain in place.
GOLDEN AGE
31st May 2024

The gold price is extremely sensitive to global developments and to newsflow, and the strong upward momentum in the price of the precious metal during 2024 has been underpinned by geopolitical... 


SUBSIDY REINSTATED: The International Monetary Fund (IMF) estimates that the reintroduction of a gasoline subsidy in Nigeria could consume almost half of the country’s projected oil revenue this year. President Bola Tinubu halted the subsidy at in mid-2023 to help government repair its finances. However, the removal and a devaluation of the naira, led fuel prices to more than triple, fanning inflation and protests. The IMF said it expects the fuel subsidy to be phased out within two years, as a cash-transfer programme was implemented to cushion poor consumers. Photograph: Bloomberg
SUBSIDY REINSTATED
24th May 2024

The International Monetary Fund (IMF) estimates that the reintroduction of a gasoline subsidy in Nigeria could consume almost half of the country’s projected oil revenue this year. President Bola... 


COPPER LEVERAGE: A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get $324-million yearly for infrastructure projects from its Chinese partners through to 2040 as long as the copper price remains above $8000/t. If copper rises above $12000/t, 30% of the additional profit will go to financing more infrastructure. If it falls below $8 000, funding will diminish and stop altogether at $5,200/t. Photograph: Bloomberg
COPPER LEVERAGE
17th May 2024

A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get... 


COPPER IN FOCUS: There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but also a world economy undergoing an energy transition. If successful, the deal, which would exclude Anglo’s South African iron-ore and platinum assets, would create the world's biggest miner of copper, seen being produced here at Anglo’s Quellaveco mine in Peru. Photograph: Reuters
COPPER IN FOCUS
10th May 2024

There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but... 


LOGISTICS CRUNCH: Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to match output to available logistics capacity. Ore taken to port by Transnet Freight Rail was flat at 9.4-million tons, but sales declined to 8.5-million tons because of problems at the Port of Saldanha. Photograph: Reuters
LOGISTICS CRUNCH
3rd May 2024

Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to... 


WEIGHING OPTIONS: Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are under way on the funding of South Africa’s transmission requirements, including the potential use of money pledged by rich nations toward an energy transition and another option to tap private sources. Photograph: Bloomberg
WEIGHING OPTIONS
26th April 2024 By: Creamer Media Reporter

Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are... 


REMEMBERING: Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the Kigali Genocide Memorial Centre in Kigali, Rwanda, on April 7. Thirty years ago more than one-million people were systematically massacred over 100 days by extremists, led by the Rwandan army and a militia known as the Interahamwe. Photograph: Reuters
REMEMBERING
19th April 2024

Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the... 


GREEN LETTER DAY: Deutsche Post’s last night flights transporting mail between northern and southern Germany took place in the early hours of March 28, ending a near 63-year airmail service that had operated since September 1961. The shift to road will result an 80% fall in carbon dioxide emissions on affected routes. The move is being facilitated by legislative reforms allowing the company to deliver 95% of domestic mail within three working days, instead of the previous stipulation that 80% of letters be delivered on the next working day.
GREEN LETTER DAY
12th April 2024

Deutsche Post’s last night flights transporting mail between northern and southern Germany took place in the early hours of March 28, ending a near 63-year airmail service that had operated since... 


COPPER CONTENDER: The Democratic Republic of Congo (DRC) overtook Peru as the world's second largest copper producer in 2023, Reuters reports, while noting that it still lagged the South American country in exports. The DRC produced 2.84-million tons last year, the country's central bank reported, against Peru's output of 2.76 million tons. Chile remains the top producer of the red metal.
COPPER CONTENDER
5th April 2024

The Democratic Republic of Congo (DRC) overtook Peru as the world's second largest copper producer in 2023, Reuters reports, while noting that it still lagged the South American country in exports.... 


CRITICAL CONTINENT: The US is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia's influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo told Reuters during a recent visit to a platinum mine in Marikana, owned by Sibanye-Stillwater. Adeyemo (right) with Sibanye Stillwater CEO Neal Froneman during his visit to a platinum mine where he said: “Africa is going to play a huge role. A lot of critical minerals are located here.” Photograph: Siphiwe Sibeko for Reuters.
CRITICAL CONTINENT
29th March 2024

The US is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia's influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo told... 




DISAPPOINTING DEMAND: The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity remains lackluster, squeezing a vital source of steel demand, while Beijing has also refrained from deploying the type of massive infrastructure stimulus that it has used in the past. Photograph: Bloomberg
DISAPPOINTING DEMAND
22nd March 2024

The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity... 


The International Monetary Fund is urging the Nigerian government to urgently address growing food insecurity, amid surging food-price inflation and a steep hike in interest rates, implemented by the central bank in a bid to stabilise a rapid weakening naira. “With about 8% of Nigerians deemed food insecure, addressing rising food insecurity is the immediate policy priority,” the IMF said in a statement earlier this month. Photograph: Bloomberg
FOOD CRISIS
15th March 2024

The International Monetary Fund is urging the Nigerian government to urgently address growing food insecurity, amid surging food-price inflation and a steep hike in interest rates, implemented by... 


NO CARBON CRUNCH: The Presidency has expressed confidence that South Africa will meet its greenhouse gas emission reduction targets even if it keeps some coal-fired plants, such as the one pictured here, open beyond their current decommissioning dates. “It’s not about stopping decommissioning,” Rudi Dicks, head of the project management office in the Presidency, said last month. “It’s about delaying decommissioning until we have sufficient generating capacity and reserve margins.” Photograph: Bloomberg
NO CARBON CRUNCH
8th March 2024 By: Terence Creamer

The Presidency has expressed confidence that South Africa will meet its greenhouse gas emission reduction targets even if it keeps some coal-fired plants, such as the one pictured here, open beyond... 


HYDROGEN SHOWCASE: Luxury carmaker BMW has unveiled its BMW iX5 in South Africa, with the aim of showcasing the vehicle’s combined long range and short refuelling times. The BMW iX5‘s 6 kg of hydrogen allows for a 500 km range, with the car’s platinum-based fuel cell using green hydrogen produced by Sasol to produce the clean electricity that powers the quiet drive train. BMW has also installed hydrogen refuelling infrastructure at its Midrand campus in Johannesburg.
HYDROGEN SHOWCASE
1st March 2024

Luxury carmaker BMW has unveiled its BMW iX5 in South Africa, with the aim of showcasing the vehicle’s combined long range and short refuelling times. The BMW iX5‘s 6 kg of hydrogen allows for a... 


CURRENCY CRUNCH: Zimbabwe may back its currency with gold to end exchange-rate instability, Finance Minister Mthuli Ncube announced earlier this month. “In order to manage growth of liquidity, we may link the exchange rate to a hard asset such as gold,” Ncube said in an online press briefing a week after President Emmerson Mnangagwa signalled that a revamp of the world’s worst-performing currency was under consideration. At the time of the announcement, the Zimbabwe dollar had slumped almost 50% against the US dollar this year after plunging 90% in 2023.
CURRENCY CRUNCH
23rd February 2024

Zimbabwe may back its currency with gold to end exchange-rate instability, Finance Minister Mthuli Ncube announced earlier this month. “In order to manage growth of liquidity, we may link the... 


1
2 3 4 5 6 7 8 9

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (11/10/2024)
11th October 2024 By: Martin Creamer
Photo of Terence Creamer
The NTCSA officially launched
11th October 2024 By: Creamer Media Reporter

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.044s - ct: 0.206s - 151pq - 2rq
Subscribe Now